New payment rates from next April for State Pension, PIP, Universal Credit and other DWP benefits
An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions and HM Revenue and Customs will see their payments go up by 10.1% next year.
The uprating means that on average, a family on Universal Credit will benefit by around £600 next year. To increase the number of households who can benefit from this decision, the Chancellor will also increase the benefit cap with inflation next year. This means the benefit cap will rise from £23,000 to £25,323 for families in Greater London and from £20,000 to £22,020 for families nationally.
New payment rates from 2023 to 2024 Subject to Parliamentary approval, inflation-linked DWP benefits, Tax Credit elements and benefits administered by HMRC will rise by 10.1% from April 2023. The Basic and New State Pensions will also be uprated by 10.%, in line with the Triple Lock.
Danmark Seneste Nyt, Danmark Overskrifter
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